They're right about this one. Muun is being incredibly misleading. It's an on-chain wallet with a built-in mechanism to pay someone else to do a Lightning transaction for you.
It's a clever mechanism sure. But it's still just an on-chain transaction and calling Muun a "Lightning wallet" is dishonest.
It allows users to interact with the Lightning network and maintain custody. It’s effectively a lightning wallet for most people.
And their 2of2 setup is a great way to convince normies to self custody when they’re scared of losing their keys.
Don’t think they’ve been dishonest anywhere? And scammers can go fuck themselves - they shouldn’t have to over complicate their marketing because Udi is going to make a snarky tweet
Better yet, verify the facts yourself. Make some lightning deposits and use their recovery tool to view the transactions. https://github.com/muun/recovery
Yes! We had this whole thing about how Muun is actually on-chain and they got mad when people changed their mempool policy (unconfirmed transactions that run in volitile memory aka RAM) because they create the illusion of LN by sending an LN channel when they see an unconfirmed tx.
Thanks for letting me know. I am going to have to try to transfer to a different wallet. Do you have any good ideas on which wallet works best? It seems like all of them are not worth the time.
/r/btc is a bcash cesspool that peddles incredibly misleading narratives. Reader beware
They're right about this one. Muun is being incredibly misleading. It's an on-chain wallet with a built-in mechanism to pay someone else to do a Lightning transaction for you.
It's a clever mechanism sure. But it's still just an on-chain transaction and calling Muun a "Lightning wallet" is dishonest.
Dishonesty by us gives ammo to scammers...
It allows users to interact with the Lightning network and maintain custody. It’s effectively a lightning wallet for most people.
And their 2of2 setup is a great way to convince normies to self custody when they’re scared of losing their keys.
Don’t think they’ve been dishonest anywhere? And scammers can go fuck themselves - they shouldn’t have to over complicate their marketing because Udi is going to make a snarky tweet
Never use Muun. There are actual LN wallets made by honest people.
Yes, however, Muun is an on-chain wallet.
The comments are nutso tho.
Can anyone calling Muun "not a LN wallet" describe the transaction flow with factual proof of what they are saying?
Better yet, verify the facts yourself. Make some lightning deposits and use their recovery tool to view the transactions. https://github.com/muun/recovery
No need to risk your money or waste your time.
Just look at the "recovery demo" and LOL!
https://raw.githubusercontent.com/muun/recovery/master/readme/demo.gif
The better question would be "can anyone calling Muun a lightning wallet describe the transaction flow with factual proof of what they are saying"
or even "can Muun actually describe the transaction flow instead of misrepresenting themselves?"
Nothing happened to me. Somebody alerted me before I even considered trying it out.
this is strange im always sending and receiving via lightning of muun, dont know waht that happen to you, however i will pay more attention to fees
представляете на сколько сильный и редкий биткоин что они создали вот такое? но доказательства роботы показало что это плохое приложение.
Биткоин еще много откроет таких приложений.!
Yes! We had this whole thing about how Muun is actually on-chain and they got mad when people changed their mempool policy (unconfirmed transactions that run in volitile memory aka RAM) because they create the illusion of LN by sending an LN channel when they see an unconfirmed tx.
receive on muun all the time with zero fees
Wait until you need to send. :-D
never use the same lightening wallet to send and receive for privacy reasons
I had no idea. So what happens if you want to recover your Crypto on a different LN wallet using your recovery code? Is BlueWallet a good one?
You can't. Moon isn't a LN wallet. Your sats are on chain.
Thanks for letting me know. I am going to have to try to transfer to a different wallet. Do you have any good ideas on which wallet works best? It seems like all of them are not worth the time.
Fun facts have made their way onto SN...this could get interesting
oh wow.
Welcome to reality :)